Asset management giant BlackRock has submitted a request to the Securities and Exchange Commission (SEC) for approval to list the BlackRock Ethereum Trust on the Nasdaq exchange. This move comes after BlackRock registered its iShares Ethereum Trust with Delaware, indicating that an SEC filing was imminent. Unlike existing products such as the Grayscale Ethereum Trust, which trades based on a derivative, BlackRock’s Ethereum ETF would provide investors with direct exposure to the price of Ether. In the past 24 hours, Ethereum’s native token ETH has seen a 9% increase in value, according to CoinGecko.
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Information |
Details |
Geography |
North America |
Countries |
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Sentiment |
positive |
Relevance Score |
1 |
People |
None |
Companies |
Nasdaq, CoinGecko, Grayscale Ethereum Trust, BlackRock, Securities and Exchange Commission (SEC) |
Currencies |
Ethereum |
Securities |
None |